regulations on private equity, to prevent the next one, they have no evidence to say that that was the cause in the past. so we say, just as the gentleman from connecticut said before, venture capital was excluded from it, why not private equity as well? that's why we have come together in a bipartisan manner to make sure the next crisis doesn't occur in an area such as this. the second point of area was made as far as cost. the gentleman from massachusetts says, well, we're talking about the larger funds here. if he was at the hearing last night on rules committee, he would have heard one of his colleagues, mr. poll friss -- polis from colorado, refute that point. why is that? because when you're talking about firms, this is what he said last night, really interesting, when you're talking about firms, $150 million, $200 million, sounds like large firms, right? but that's just how much money is under management. the actual profits, the actual money that they're spending in the company is just a fraction of it. a little tiny fraction, as he pointed out, around 2%.